Philip H. Knight is an American magnate, co-founder and chairman of "Nike". Knight began selling sport shoes in 1962 from his car ( green Plymouth Valiant ) at truck meets across the Pacific Northwest. His firm was "Blue Ribbon Sports" ( later "Nike" ) which was partner with "Tiger" ( Japan ).
Answer:
Knight started by selling sneakers out of the trunk of his car ( in the Pacific Northwest ).
Answer:
False
Explanation:
The preparation of journal entries is very important in transaction recording process, it is utilized in recording transactions either to the general ledger or via subsidiary ledger into the accounting system.
When preparing journal entries two fields are very important, the account title also called account name and the account number or account code. To prevent accounting or recording error, the account codes are selected using the drop-down menu which displays the account title or account name. This enables the account clerk to verify before posting.
The answer is a laptop computer.
Thus, Laptop computers would be classified as homogeneous shopping products.
What is shopping products?
- A shopping item may be a sort of item that requires shopper investigate and comparison of brands.
- Homogeneous and heterogeneous are the two particular sorts of shopping items.
- Homogeneous items are seen by consumers as exceptionally comparable in nature and the ultimate buy is more often than not decided on the lowest price.
- If our farmer's feed compactor required substitution, he would seek for the foremost reasonable one.
- Other illustrations of this sort of shopping item would be apparatuses, such as washers, dryers, or a cooler.
- A item can be a business item or a buyer item. If the end client of the item is the customer, at that point the item may be a customer item.
- In the event that the conclusion client could be a commerce, at that point it is categorized as a commerce item.
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Answer:
Orange consumers will bear the burden of now having to pay a higher price than they previously did.
Explanation:
According to the question, orange growers believe that pesticides is a crucial input in the production of oranges. When the government imposes a tax or regulation on the use of pesticides, this is likely to cause the following effects:
1. Since pesticides is an input that is now taxed, cost of production increases
2. Producers will reduce the supply of oranges.
3. Supply curve shifts left from S1 to S2 (refer diagram)
4. Market equilibrium shifts from E1 to E2 (refer diagram)
5. Quantity supplied falls from QS2 to QS1 (refer diagram)
6. Price increases from P1 to P2 (refer diagram)
<em>In what sense do consumers of oranges now "pay" for dealing with the spillover costs of pesticide production?</em>
Orange consumers will bear the burden of now having to pay a higher price than they previously did.
Answer:
Grower Mart
Explanation:
("FOB shipping point" or "FOB origin")is a term that stands for from the point of origin. This means that the buyer incur any risk and takes delivery of the goods once the seller ships the goods. The supplier records it as a sale at the point of departure from its shipping dock. meaning that the purchaser pays the shipping cost from the factory or warehouse and gains ownership of the goods as soon as it leaves its point of origin.
When the term "F.O.B. Hilltop Farms" it means it is from the point of origin